Contributors Technical Analysis Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

EUR/USD

Current level – 1.1456

The violation of 1.1500 support signals a negative bias, for a test of 1.1410 area. A break through the latter will target 1.1260 zone. Initial intraday resistance  lies at 1.1500 and crucial on the upside is 1.1540.

Resistance Support
intraday intraweek intraday intraweek
1.1500 1.1630 1.1410 1.1214
1.1630 1.1820 1.1260 1.1100

USD/JPY

Current level – 108.14

The outlook is bearish after the recent pullback at 108.50 resistance, for a downswing towards 106.70.

Resistance Support
intraday intraweek intraday intraweek
108.50 111.45 106.70 106.70
109.10 112.20 106.70 104.60

GBP/USD

Current level – 1.2825

The last attempt at 1.2710 failed as well and the pair broke through the upper boundary at 1.2800, currently targeting 1.28850 resistance area. Intraday support lies at 1.2770 and crucial on the downside is 1.2710.

Resistance Support
intraday intraweek intraday intraweek
1.2885 1.2885 1.2710 1.2420
1.2885 1.3250 1.2615 1.2340

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